Renovated Mixed-Use Building with
2410 Boston Post Rd Larchmont, NY 10538
2410 Boston Post Rd, Larchmont, NY, 10538
$1,099,000
For Sale
$1,099,000
Fully renovated mixed-use property with two ground-level office units and two residential apartments.
Property Size4,500 SF
Price / SF$244.22
Days on Market529
Property Features for 2410 Boston Post Rd
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agency
Comres Realty Group LLC
(516) 801-6427
Listed by
Endrit Haxhiu
(516) 801-6427
Source
Xome
Added: Feb 8, 2025 Updated: Jul 21 at 7:09AM Checked: Jul 21 at 7:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Comres Realty Group LLC
Investment Insights
Based on property information with market context.
This fully renovated mixed-use property combines ground-level commercial office space with two residential apartments. The residential component consists of two units: a front two-bedroom with two full bathrooms and a rear one-bedroom with one full bathroom. The commercial component includes two ground-level office units, with the front office currently tenant-occupied and the rear office scheduled to be delivered vacant. The rear office also includes access to a finished basement area.
The property is located on Boston Post Rd in Larchmont, with over 20,000 vehicles passing daily according to the provided remarks. The asset is described as having excellent visibility and signage potential, with ample street parking noted nearby.
As presented, the offering provides an existing income stream from the tenant-occupied office unit while also including residential apartments and an additional office space to be delivered vacant.
The property is located on Boston Post Rd in Larchmont, with over 20,000 vehicles passing daily according to the provided remarks. The asset is described as having excellent visibility and signage potential, with ample street parking noted nearby.
As presented, the offering provides an existing income stream from the tenant-occupied office unit while also including residential apartments and an additional office space to be delivered vacant.
Key Highlights
- Fully renovated mixed‑use building built in 1920 with two ground‑level office units and two residential apartments
- Residential unit mix: (2) apartments—Front 2BR/2BA approx. 1,100 SF and Rear 1BR/1BA approx. 950 SF
- Commercial space: Front office approx. 825 SF (tenant‑occupied) and Rear office approx. 975 SF plus 825 SF finished basement (delivered vacant)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.9k | $29.76 |
| − Vacancy | −$8.7k | −$1.93 |
| EGI | $125.2k | $27.83 |
| − OpEx | −$37.6k | −$8.35 |
| NOI | $87.7k | $19.48 |
4,500 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.10M – $1.46M
NOI $87,651 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$1.10M
$964.8K – $1.29M
NOI $77,183 @ 7.0% cap · market cap 7.02%
Theoretical Best
Retail
$1.36M
$1.19M – $1.59M
NOI $95,150 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dadsons General Contracting
Construction Company
Westchester Construction Company ...
Construction Company
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FAQs
What type of property is this?
Mixed-use property - Fully renovated mixed-use property with two ground-level office units and two residential apartments.
Where is this mixed-use property located?
The property is located at 2410 Boston Post Rd Larchmont, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Fully renovated mixed‑use building built in 1920 with two ground‑level office units and two residential apartments; Residential unit mix: (2) apartments—Front 2BR/2BA approx. 1,100 SF and Rear 1BR/1BA approx. 950 SF; Commercial space: Front office approx. 825 SF (tenant‑occupied) and Rear office approx. 975 SF plus 825 SF finished basement (delivered vacant)
